Oil & Gas for dummies, page-16

@Quiono not every banker is a buy-side investment banker with a Bloomberg terminal.

I think you guys are getting confused. There is a difference between reading a companies financials and investor presentations and actually understanding oil and gas.

Some of the points that @bigal36 made, especially the one on reduced CAPEX increasing the break even price, come with experience and having an in-depth understanding of the industry. With time my knowledge will increase, especially when some one takes the time to answer my questions which I have a lot of appreciation for. Sometimes you don't know what you don't know and in my view asking questions is always appropriate.


Reading through these comments it's very clear who understands this industry and who doesn't.

Thank you @bigal36 for your time.